classical economics
clas·si·cal ec·o·nom·ics
C c Transcription
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- US Pronunciation
- US IPA
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- [klas-i-kuh l ek-uh-nom-iks, ee-kuh-]
- /ˈklæs ɪ kəl ˌɛk əˈnɒm ɪks, ˌi kə-/
-
- US Pronunciation
- US IPA
-
- [klas-i-kuh l ek-uh-nom-iks, ee-kuh-]
- /ˈklæs ɪ kəl ˌɛk əˈnɒm ɪks, ˌi kə-/
Definition of classical economics words
- noun classical economics a system or school of economic thought developed by Adam Smith, Jeremy Bentham, Thomas Malthus, and David Ricardo, advocating minimum governmental intervention, free enterprise, and free trade, considering labor the source of wealth and dealing with problems concerning overpopulation. 1
Information block about the term
Parts of speech for Classical economics
noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
classical economics popularity
This term is known only to a narrow circle of people with rare knowledge. Only 27% of English native speakers know the meaning of this word.
According to our data about 64% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.
classical economics usage trend in Literature
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